American Friends of Beit Midrash Harel

Analysis

American Friends of Beit Midrash Harel is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Friends of Beit Midrash Harel reported income of $112k and spending of $117k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $112k (-6.6%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income rose by 204%. Over the whole period it spent 119% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of Beit Midrash Harel sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Homers for Hope Inc ($112k), Apa Committee ($112k) and Police Who Care Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.